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Global Large Format Ceramic Panel Market Research Report 2022-2027:
According to the latest report by IMARC Group, titled " LargeFormatCeramicPanelMarket:GlobalIndustryTrends,Share,Size,Growth,Opportunityand Forecast2022-2027
," the global large format ceramic panel market is expected to exhibit a CAGR of 11.3% during 20222027. A large-format ceramic panel refers to a craftily designed and naturally occurring product that is composed of ceramic stone. It is made using the newest ceramic technologies and is commercially available in various thicknesses, widths, and weights. A large-format ceramic panel exhibits various properties, such as flexural strength, frost, fire, and ultraviolet resistance. It is widely used in benchtops, flooring, countertops and wall cladding to help improve the aesthetic value of a space. It also assists in providing better durability, high tensile strength, perfect flatness, cost-effectiveness, versatility, quail installation and excellent physical and mechanical properties. As a result, largeformat ceramic panels are widely used in renovations, interior design and architecture applications.
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Significant growth in the construction industry across the globe is creating a positive outlook for the market. Large format ceramic panels are widely used due to the introduction of seamless ceramic tiles used in countertops, flooring, and vanity tops in commercial spaces and retail facilities. In line with this, the widespread product adoption due to its superior durability, versatility, finishing and chemical and stain resistance properties are further augmenting the market growth. Apart from this, key players are introducing a broad product range in various colors, patterns, textures and sizes that cater to diverse consumer preferences, which is providing an impetus to the market growth.
Additionally, the increasing utilization of large format ceramic panel across the healthcare industry due to its numerous benefits, such as antimicrobial, anti-slip, and water resistance, is positively impacting the market growth. Other factors, including the rising inclination toward aesthetically appealing renovations, rapid urbanization, and increasing expenditure capacities of consumers, particularly in emerging economies, are anticipated to drive the market toward growth.
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Key Market Segmentation
The research report includes the following segments:
Breakup by Application:
• Countertop
• Exterior Wall Cladding
• Flooring
• Interior Wall
Breakup by Thickness:
• <3mm
• 3mm-9mm
• 9.1mm–12mm
• >12mm
Breakup by Construction Type:
• New Construction
• Replacement and Renovation
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• ABK Group
• Adila Ceramic Pvt. Ltd
• Azulev Group
• Elemex, Inc
• Florim Ceramiche S.p.A
• GranitiFiandre S.p.A
• Laminam S.p.A
• Levantina y Asociados de Minerales, S.A
• Neolith
• RAK Ceramics PJSC
1. Whatwasthesizeofthegloballargeformatceramicpanelmarketin2021?
2. Whatistheexpectedgrowthrateofthegloballargeformatceramicpanelmarketduring20222027?
3. Whatarethekeyfactorsdrivingthegloballargeformatceramicpanelmarket?
4. WhathasbeentheimpactofCOVID-19onthegloballargeformatceramicpanelmarket?
5. Whatisthebreakupofthegloballargeformatceramicpanelmarketbasedontheapplication?
6. Whatisthebreakupofthegloballargeformatceramicpanelmarketbasedonthethickness?
7. Whatisthebreakupofthegloballargeformatceramicpanelmarketbasedontheconstruction type?
8. Whatarethekeyregionsinthegloballargeformatceramicpanelmarket?
9. Whoarethekeyplayers/companiesinthegloballargeformatceramicpanelmarket?
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